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Oct 5, 2012
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that's the old steve jobs still at work and they need to break with that. >> steve wouldn't you know it the president talks right in the middle of our conversation. i'm going to have to let you go and hopefully we can restart this at a later date. >> that's fine. thank you. i'll defer to the president. >> jim start your talking some apple. as we wait for the president to start talking about the jobs number we'll go to john harwood for a quick preview what his message might be. john is in washington. good morning, john. >> good morning. i think his message will be one we've heard from the administration which is first of all they are delighted by the news. delighted the rate is under 8%. delighted the august numbers were revised upward. but also have a tempered tone and say we got a lot of work to do because we do as one economic analyst told my colleague at the "new york times" earlier today this economy seems to only have three gears, slow, or reverse. it's not a good economy for president obama to be running with but this is good news. it was good news for the country that just a f
that's the old steve jobs still at work and they need to break with that. >> steve wouldn't you know it the president talks right in the middle of our conversation. i'm going to have to let you go and hopefully we can restart this at a later date. >> that's fine. thank you. i'll defer to the president. >> jim start your talking some apple. as we wait for the president to start talking about the jobs number we'll go to john harwood for a quick preview what his message might be....
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Nov 23, 2012
11/12
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joins you is steve tanger. give us a sentence for traffic as many of the stores that make up the customers for you? >> the early indications is we have another record year of traffic at tanger outlets. for the most part weather was really good compared to last year. traffic was up post-hunt sandy stress even on the east coast, people are out and about. the big boxes opened at 8:00, we opened at 10:00. about 50% of our stores, though, opened with great values even as early as veterans day. another 20% started their sales last weekend. so we're looking for a great holiday season in addition to another record-breaking black friday. >> steve, which retailers are being most aggressive in terms of their promotions to get people in the door? >> the hot brand around the country still remain, it doesn't matter whether they're deep discounts or not. the hot brands in our centers are coach, underarmour, j. crew, nike, michael kors, the gap, they still offer great products. >> good to chat with you again, sir. we've been t
joins you is steve tanger. give us a sentence for traffic as many of the stores that make up the customers for you? >> the early indications is we have another record year of traffic at tanger outlets. for the most part weather was really good compared to last year. traffic was up post-hunt sandy stress even on the east coast, people are out and about. the big boxes opened at 8:00, we opened at 10:00. about 50% of our stores, though, opened with great values even as early as veterans day....
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Nov 12, 2012
11/12
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. >>> steve jobs stood for thermal nuclear war to protect its company. but as apple settles, is it a new stance under tim cook? tony joins us to talk about it. >> good morning. >> are we getting less lit ijous and what does that mean? >> tim cook said he would favor to settle rather than battle in courts going forward assuming they could find conditions for settlement that were appropriate. it's important to remember that htc is a relatively small player in the larger smartphone market and accordingly in the patent wars. i think what we saw here were apple saying we got to concentrate where our firepower is going to be. htc is offering a settlement that seems reasonable and it doesn't make sense for us to continue to divert our energies in doing so. i think that's why we have the settlement with htc. >> this just allows them more energy with which to step on the gas when it comes to samsung? >> well, i think you could certainly view it that way. i also think you could view it as when conditions are in place that apple feels are acceptable, they're willin
. >>> steve jobs stood for thermal nuclear war to protect its company. but as apple settles, is it a new stance under tim cook? tony joins us to talk about it. >> good morning. >> are we getting less lit ijous and what does that mean? >> tim cook said he would favor to settle rather than battle in courts going forward assuming they could find conditions for settlement that were appropriate. it's important to remember that htc is a relatively small player in the larger...
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Nov 21, 2012
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steve cohen is a less known figure in the general public. he very rarely gives an interview and so far has declined our information to come on cnbc and talk about the latest legal situation. but within his firm, you know, he casts a very long shadow. he's known for being a very aggressive, very hands-on trader as well as a manager of people. i'm told by people who have worked there in the past and now that if he disagrees with your position or he wants more information on it, he's known for getting in your grille and asking a lot of questions about where you came up with your thesis, why you changed your mind or what's going on. these could create a problem for him in terms of the legal case that was opened yesterday, the complaint against matthew martoma, who sold off positions they had in two pharmaceutical companies, elan and wyeth, allege he had information about a trial they were involved in that wasn't going well. he spoke to the hedge fund owner, assumed to be mr. cohen, on the weekend preceding the sale of these positions. and cohen
steve cohen is a less known figure in the general public. he very rarely gives an interview and so far has declined our information to come on cnbc and talk about the latest legal situation. but within his firm, you know, he casts a very long shadow. he's known for being a very aggressive, very hands-on trader as well as a manager of people. i'm told by people who have worked there in the past and now that if he disagrees with your position or he wants more information on it, he's known for...
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Nov 16, 2012
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. >> the president pulling a steve jobs. one more thing. a room full of congressional leaders and cabinet members, you know, one question is going to be the degree to which the president is involved and that moment was choreographed to some degree, right, that pat on the back and that happy birthday. >> those are two key figures. president obama and john boehner almost got a deal in 2011. that's a place to pick up the discussions and i think you saw the president econfident there just winning the election there and house republicans back in the majority in the house and that's the dance to the finish line and i think they will. >> politico talked about whether or not the white house has learned its lesson in going into a room, a bunker, with the speaker, since it didn't work out the way they wanted last time around. do you think the president will be as involved or can he hand this off to someone else to negotiate? >> i think he'll be as involved. i think he'll be involved inside the room and outside of the room. the strategic turn the pres
. >> the president pulling a steve jobs. one more thing. a room full of congressional leaders and cabinet members, you know, one question is going to be the degree to which the president is involved and that moment was choreographed to some degree, right, that pat on the back and that happy birthday. >> those are two key figures. president obama and john boehner almost got a deal in 2011. that's a place to pick up the discussions and i think you saw the president econfident there...
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Oct 2, 2012
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one of the largest lenders on the hot seat. >>> and would steve jobs approve of the way ceo steve cook apologized for the so-called mapple gate? much more "squawk on the street." i'm bara ck o bama and i approve i'm bara this message. ck o romney: "it's time to stand up to the cheaters" vo: tough on china? not mitt romney. when a flood of chinese tires threatened a thousand american jobs... it was president obama who stood up to china and protected american workers. mitt romney attacked obama's decision... said standing up to china was "bad for the nation and our workers." how can mitt romney take on the cheaters... when he's taking their side? customer erin swenson bought from us online today. so, i'm happy. sales go up... i'm happy. it went out today... i'm happy. what if she's not home? (together) she won't be happy. use ups! she can get a text alert, reroute... even reschedule her package. it's ups my choice. are you happy? i'm happy. i'm happy. i'm happy. i'm happy. i'm happy. happy. happy. happy. happy. (together) happy. i love logistics. when you take a closer look... ...at the
one of the largest lenders on the hot seat. >>> and would steve jobs approve of the way ceo steve cook apologized for the so-called mapple gate? much more "squawk on the street." i'm bara ck o bama and i approve i'm bara this message. ck o romney: "it's time to stand up to the cheaters" vo: tough on china? not mitt romney. when a flood of chinese tires threatened a thousand american jobs... it was president obama who stood up to china and protected american workers....
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Oct 15, 2012
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thanks very much, steve liesman at hq. no question bit, some drama over the fiscal cliff, one woman who just might be the most important person is being identified even as we speak. you may never have heard of her. >> there's been a lot of noise about the behind the scenes meeting taking place on the fiscal cliff, the gang of six, seven, eight, however you want to call it but some of the most important meetings are taking place between the new york business community and washington leaders as they find out where the fiscal cliff negotiation is going to go. one of the leaders of that is a woman named katherine wiemd. the head of the partnership for new york city. i spoke to her recently and she told me that the business community in new york has a message for washington. >> business leaders are discouraged and feel washington is very insular, that they're looking at their own interests, rather than the country's interests. and they're pretty frustrated. i think that we had a great meeting with omb head jeff zion a few weeks
thanks very much, steve liesman at hq. no question bit, some drama over the fiscal cliff, one woman who just might be the most important person is being identified even as we speak. you may never have heard of her. >> there's been a lot of noise about the behind the scenes meeting taking place on the fiscal cliff, the gang of six, seven, eight, however you want to call it but some of the most important meetings are taking place between the new york business community and washington...
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Dec 21, 2012
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senior economics reporter steve liesman joins us now with more. >> in that press conference just a few minutes ago, the speaker holding out at least some hope something could still get done, either before the end of the year or shortly after that. the speaker's main points is the house is ready to return when needed. he suggested the house would vote on a senate bill. he did that toward the opposite way saying he hasn't seen one yet. and saying he has not walked away from talks with president obama. now, from the white house side, it seems the president has changed his goal to only a tax deal and perhaps only a tax deal for those making $250,000 and below. not the $400,000 number he offered to boehner. you figure it out from this statement last night from a presidential spokesman. the president's main priority is to ensure that taxes don't go ul on 98% of americans and 97% of small businesses in just a few short days. it looks like they are trying for just that, $250,000 piece, and below. continue the tax cuts from the bush administration. the speaker did say the failed vote will not e
senior economics reporter steve liesman joins us now with more. >> in that press conference just a few minutes ago, the speaker holding out at least some hope something could still get done, either before the end of the year or shortly after that. the speaker's main points is the house is ready to return when needed. he suggested the house would vote on a senate bill. he did that toward the opposite way saying he hasn't seen one yet. and saying he has not walked away from talks with...
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Oct 31, 2012
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i can remember interviewing him and steve jobs on the day they announced the deal and saying this is diluted. what are you doing? how can you pay $7 billion? of course that was the good price they would pay. and they followed that up years later with the marvel deal which was positive as well. >> "the avengers" alone. >> one question if there's dilution here, there will be some. investors are committed to buying back 40 million shares over the next two years that they are issuing to mr. lucas. i wondered off camera to jim whether he's motivated by changes in the tax code. i have to imagine the capital gains in lucas films is a significant one if it goes from 15 to 25. i would assume they'll get this deal closed before the end of the year. i don't know. just another thing to keep in mind. amazing deal for disney. >> one thing that he has done, he's a true visionary in that he says this is a brand. think about the brand. it's on the shelf. they keep coming up with it. they do it differently. "star wars" and then they go to theme parks and they develop a new theme park which is another
i can remember interviewing him and steve jobs on the day they announced the deal and saying this is diluted. what are you doing? how can you pay $7 billion? of course that was the good price they would pay. and they followed that up years later with the marvel deal which was positive as well. >> "the avengers" alone. >> one question if there's dilution here, there will be some. investors are committed to buying back 40 million shares over the next two years that they are...
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Dec 13, 2012
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steve liesman is here with more insight on all the fed's moves. steve. >> thanks. one thing i think we can say for sure, chairman bernanke has to be surprised at what's effectively been a hawkish reaction to the massive policy changes he put in place yesterday. those policy changes include an announcement that the fed would boost its monthly purchase of assets to $85 billion. that would be a trillion dollars in a year, and also link interest rates to unemployment. it became the first essential bank to link its funds rater overnight rate to the unemployment rate. these dovish moves have received a hawkish response in the market. gold is down on about 20 bucks or so. the ten-year note is off here, but since yesterday, it's off about ten basis points. and the dow may be up right now, but essentially it's been down since yesterday at 12:30. it's unclear if the market doesn't understand the fed's new communication or if it simply sees the 6.5% unemployment rate as closer in time than the fed does. i want to share with you some of what the street heard from the policy st
steve liesman is here with more insight on all the fed's moves. steve. >> thanks. one thing i think we can say for sure, chairman bernanke has to be surprised at what's effectively been a hawkish reaction to the massive policy changes he put in place yesterday. those policy changes include an announcement that the fed would boost its monthly purchase of assets to $85 billion. that would be a trillion dollars in a year, and also link interest rates to unemployment. it became the first...
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Nov 1, 2012
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let's talk to steve lease man. chief economist and we want to go through this data, but also what this might mean for tomorrow's big jobs number. steve, your take on the data? >> it's coming in better than expected. like a cross or whatever it is? obviously what's going to happen is the data's going to soon be affected at least the high frequency data. but for the moment, it looks like we had a decent read out of manufacturing than surprises me because amount of regional manufacturing indexes have not been on the plus side. the other issue right there is adp looked good this morning, although that's a new index, so we're not exactly sure how that's going to comport. construction, what's happened here is the private sector has been positive with residential surging, but the public sector was negative. looking at the internals at ism, the employment sector was down a little bit. and then the other thing, i don't know how much you talked about, i wasn't listening to the prior hour getting ready for this, but the retai
let's talk to steve lease man. chief economist and we want to go through this data, but also what this might mean for tomorrow's big jobs number. steve, your take on the data? >> it's coming in better than expected. like a cross or whatever it is? obviously what's going to happen is the data's going to soon be affected at least the high frequency data. but for the moment, it looks like we had a decent read out of manufacturing than surprises me because amount of regional manufacturing...
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Oct 1, 2012
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and steve grasrg and citigroup was downgraded at sterne agee. a little stall because of concerns about windows 8 and whether or not it's going to be robust. q3 could be a make-or-break quarter for them. "the journal" points out, there's no place to try out the new tablet. are you going to buy a tablet just on blind faith without trying it out? >> tiff beta. it's quite exciting. but excitement doesn't necessarily equal sales. there was a downgrade of nokia saying the windows 8 operating system, not good for phones. intel seems to have lost its way with that 4% yield being the only reason to be in it. the desktop -- i feel very triceratops here with this. >> how about the story in "the times" over the weekend about meg whitman? >> they still make a lot of them. but the question is, is it really a business you want to be in? >> do you remember scm? >> yes. >> smith corona mar chant. they were making electric typewriters like they were going out of style. >> that "times" story, not a lot that we didn't already know in terms of what hp is trying to a
and steve grasrg and citigroup was downgraded at sterne agee. a little stall because of concerns about windows 8 and whether or not it's going to be robust. q3 could be a make-or-break quarter for them. "the journal" points out, there's no place to try out the new tablet. are you going to buy a tablet just on blind faith without trying it out? >> tiff beta. it's quite exciting. but excitement doesn't necessarily equal sales. there was a downgrade of nokia saying the windows 8...
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Feb 24, 2012
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steve, don't go too far. let's bring in rick santelli at the cme and get his reaction as well to what the treasury secretary said. rick, whether it's the ltro, the big meeting in mexico, energy prices, reflections on what steve got out of the treasury secretary? >> i love the interview because it shows me why i'm not a big tim geithner fan. he better be careful in mexico. we never talk about it. we have 46,000 people dead there in the last three or four years. be careful, treasury secretary. here's my beef. i think the treasury secretary, like many politicos, is mixing up metaphors here. i think foreign policy is a much bigger issue with regard to what iran is doing with regard to the oil market. if iran doesn't sell to the left side, they have to sell to the right side. they have to sell it because their disaster plans -- their dastardly plans have to be funded. they need the money. and the other point is, with regard to reforming on the corporate tax side, what a bunch of hogwash! the problem is, they can't
steve, don't go too far. let's bring in rick santelli at the cme and get his reaction as well to what the treasury secretary said. rick, whether it's the ltro, the big meeting in mexico, energy prices, reflections on what steve got out of the treasury secretary? >> i love the interview because it shows me why i'm not a big tim geithner fan. he better be careful in mexico. we never talk about it. we have 46,000 people dead there in the last three or four years. be careful, treasury...
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May 17, 2012
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. >> steve and i were good buddies and steve was more inclined to it buy than sell. bill gates more inclined to it buy than sell. i don't hear a lot of bif buyer this deal. >> and jeremy siegel on "squawk box" said he had done a fair amount of research in what it's like buying ipos in general. here's his report card. >> unfortunately, the research i've done is long term holdings of ipos is not a good investment. very much like a lottery ticket. one or two big winners, hundreds of losers. >> today at 1:00 eastern time, cnbc will go inside facebook literally. we'll see how the company makes money, if you should invest and find out just how much money everyone involved is going to make. today 1:00 p.m., facebook, the social offering right here on cnbc. >> let's talk jpmorgan. massive trading loss has jumped by 50% in recent days. jamie dimon has said that loss could double within a few quarters, but the "time" says the time frame has been accelerated by the action of hedge funds and other investors. that just goes to show you how efficient the market is. >> when there's
. >> steve and i were good buddies and steve was more inclined to it buy than sell. bill gates more inclined to it buy than sell. i don't hear a lot of bif buyer this deal. >> and jeremy siegel on "squawk box" said he had done a fair amount of research in what it's like buying ipos in general. here's his report card. >> unfortunately, the research i've done is long term holdings of ipos is not a good investment. very much like a lottery ticket. one or two big...
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Dec 19, 2012
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steve is one of the best traders of all-time on wall street. and he's always sharing ideas, best ideas with all his portfolio managers, and a lot of it gets filtered through him. he's very, very involved in the books. my managers are more passive investments, where i'm not dealing with them day to day, month to month, quarter by quarter and sharing ideas. they do their own thing, i do my own thing. >> it is all your money, isn't it? >> correct. >> that's a nice problem to have. and so the s.e.c. in terms of at least, you know, most hedge funds have to register with the s.e.c. you don't have to register with the s.e.c. >> we don't have to register, but we're still regulated by the s.e.c. like everybody else. >> what about the hedge fund business overall? is it any harder to start a hedge fund? we may see talented guys come from a number of these firms that are having some issues at this point. are they going to have an easier or harder time raising money? >> seeding is pretty much at a low where not a lot of entities are out there seeding. seede
steve is one of the best traders of all-time on wall street. and he's always sharing ideas, best ideas with all his portfolio managers, and a lot of it gets filtered through him. he's very, very involved in the books. my managers are more passive investments, where i'm not dealing with them day to day, month to month, quarter by quarter and sharing ideas. they do their own thing, i do my own thing. >> it is all your money, isn't it? >> correct. >> that's a nice problem to...
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from steve liesman. >> thanks, carl. the new york fed out with its annual report about what happened inside what is now a $2.6 trillion portfolio all the trading, rejections about what's going to happen to it, and new york fed is projecting that net income will decline, this is the income that the fed takes in, remits almost all of it to the treasury, is going to decline this year from about $83 billion to around $80 billion. that income will bottom out in 2016 at $30 billion. that's less than was projected last year. there are certain assumptions in there. they use interestingly private sector assumptions, using what the fed has announced about its policy. the rate hikes the blue chip forecast is pretty nice in 2013 and hit 4% in 2018. that's what the new york fed uses. the projections assume the balance sheet begins to shrink two quarters before the rate hikes begin. that's exactly what the fed has said would be the policy. hasn't given a time period bud said in general that's what we're going to do. mortgage back secu
from steve liesman. >> thanks, carl. the new york fed out with its annual report about what happened inside what is now a $2.6 trillion portfolio all the trading, rejections about what's going to happen to it, and new york fed is projecting that net income will decline, this is the income that the fed takes in, remits almost all of it to the treasury, is going to decline this year from about $83 billion to around $80 billion. that income will bottom out in 2016 at $30 billion. that's less...
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Nov 28, 2012
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material financial impact on them and they are well prepared to handle this and founder of the firm, steve cohen, is personally responsible for this. cohen said he was present at the beginning of the call and turned it over to his president and said we take these matters seriously and i'm confident that i acted appropriately. nonetheless, you guys, this is definitely a difficult chapter for them because you have a situation in which cohen has been implicated in the events with former trader mathew martoma because he partook in discussions but now the firm they founded in 1992 may be charged on a corporate level. >> kate, you know, another firm -- i think this could be in some ways we've seen it almost a death blow. outside investors even just with the wells notice can often times pull their money. as we pointed out many times, $9 billion of what i've told is 15 billion overall in assets at s.a.c. is either mr. cohen or that of his employees. even if you were to pull out, it remains a huge hedge fund. their investor base is toughened at this point as well. >> those are fair points. there se
material financial impact on them and they are well prepared to handle this and founder of the firm, steve cohen, is personally responsible for this. cohen said he was present at the beginning of the call and turned it over to his president and said we take these matters seriously and i'm confident that i acted appropriately. nonetheless, you guys, this is definitely a difficult chapter for them because you have a situation in which cohen has been implicated in the events with former trader...
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May 1, 2012
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thanks, steve, great stuff. by the way, take a look at the dow intraday. 13,304, the intraday high for the year after the ism, of course, beat. we should mention for the s&p intraday, 1,422. we'll see if we get there today. a lot more "squawk on the street" in a moment. don't away. >>> welcome back to "squawk on the street." there is lots on the move today at the markets flash desk. i'm scott wapner with mpc. that marathon oil and it's on the move this morning. yes, it was out with earnings, but probably moving more so because the company saying it will look at spinning off some of the pipeline assets into an mlp and taking it public. could sell a minority interest in the unit in an ipo. but melissa, there's a look at mpc, marathon petroleum, up about 2.75% today. >> all right. thank you so much, scott wapner at the markets desk. >>> today, occupy wall street, the movement, is organizing a nationwide general strike in conjunction with may day, also known as international workers day. demonstrators say they're ai
thanks, steve, great stuff. by the way, take a look at the dow intraday. 13,304, the intraday high for the year after the ism, of course, beat. we should mention for the s&p intraday, 1,422. we'll see if we get there today. a lot more "squawk on the street" in a moment. don't away. >>> welcome back to "squawk on the street." there is lots on the move today at the markets flash desk. i'm scott wapner with mpc. that marathon oil and it's on the move this morning....
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Dec 7, 2012
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steve, thanks so much for your time. steve fox, marijuana policy project in washington. >> house speaker john boehner is to speak on the fiscal cliff negotiations in just a few minutes. we'll bring you those comments live as soon as he starts speaking. plus, former ohio governor ted strickland will join us. he says republicans are not acting in the best interest of the country when it comes to the fiscal cliff and explain exactly why he's saying that on cnbc. [ male announcer ] this is joe woods' first day of work. and his new boss told him two things -- cook what you love, and save your money. joe doesn't know it yet, but he'll work his way up from busser to waiter to chef before opening a restaurant specializing in fish and game from the great northwest. he'll start investing early, he'll find some good people to help guide him, and he'll set money aside from his first day of work to his last, which isn't rocket science. it's just common sense. from td ameritrade. it's just common sense. i have obligations. cute toblig
steve, thanks so much for your time. steve fox, marijuana policy project in washington. >> house speaker john boehner is to speak on the fiscal cliff negotiations in just a few minutes. we'll bring you those comments live as soon as he starts speaking. plus, former ohio governor ted strickland will join us. he says republicans are not acting in the best interest of the country when it comes to the fiscal cliff and explain exactly why he's saying that on cnbc. [ male announcer ] this is...
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Dec 17, 2012
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steve liesman is now joined by jeffrey lacker. steve, take it away. >> david, thanks very much. i'm here with jeff lacker, the lone dissenter in the last fed meeting. i think you dissented all year long. >> true. >> let's get into the reason why you dissented. in the past you dissented on the purchases. this time there was a new aspect to the statement. you dissented on the issue of the economic targets. what's wrong with 6.5% unemployment and 2.5%? >> i was happy to get rid of the calendar date. i thought it was flawed, created awkward problems for us when the time came to adjust it one way or another. i was happy to get rid of that. i agreed to that part of the committee's decision. i think that setting a numerical threshold for unemployment, i would have preferred a qualitative approach to describing conditions under which we'd -- we're likely to start raising rates. numerical threshold for unemployment is risky for a couple of reasons. first, because no one's statistic can really capture everything we think is going on in the labor market. the unemployment rate can fall for
steve liesman is now joined by jeffrey lacker. steve, take it away. >> david, thanks very much. i'm here with jeff lacker, the lone dissenter in the last fed meeting. i think you dissented all year long. >> true. >> let's get into the reason why you dissented. in the past you dissented on the purchases. this time there was a new aspect to the statement. you dissented on the issue of the economic targets. what's wrong with 6.5% unemployment and 2.5%? >> i was happy to get...
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Feb 1, 2012
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it reminds me of steve jobs. remember steve jobs at 27, he wasn't really a great ceo. he got booted out. he had to come back. he mellowed out and he figured out how to keep people happ happy, give them products they wanted and make a lot of money. if zuckerberg is that mature and ready for that next step, he'll be a great ceo. >> michael, from an investor standpoint, investors in other internet stocks, does facebook suck the oxygen out of the room? are we going to see portfolio managers have to allocate away from certain internet stocks in order to get into facebook? >> fortunately it's only a $5 billion ipo. >> so far, yeah. >> it's not going to suck that much out. after you have the first and second and third and fourth secondary and suddenly there's $80 billion afloat, you bet. they'll suck a lot of oxygen out of the room. but i don't think that's going to happen this year. >> i think we have a picture of your facebook page. there it is. can you think of a single advertiser you've seen place an ad on facebook? >> many times. i have to say, i like the movie "pulp fic
it reminds me of steve jobs. remember steve jobs at 27, he wasn't really a great ceo. he got booted out. he had to come back. he mellowed out and he figured out how to keep people happ happy, give them products they wanted and make a lot of money. if zuckerberg is that mature and ready for that next step, he'll be a great ceo. >> michael, from an investor standpoint, investors in other internet stocks, does facebook suck the oxygen out of the room? are we going to see portfolio managers...
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Nov 9, 2012
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i'm told he remains fully engaged in the job until replaced. >> who gets -- steve, who gets the steve liesman endorsement? >> i know and like all these guys so it's tough for me. it would be interesting to see a woman in the job. lael brainard, she's been on the plane for a very long time. she has small kids, i don't want to be sexist, but that's a factor. geithner wants to go home to be with his family. >> exactly. i thought you were going to make news there but i'll come back to you later on. >> i'll give my endorsement. it's so important for the white house to know who i want, carl. >> as always. >> so critical. >> thank you, steve. >> you're welcome. >> back to the disaster that is jcpenney today. it's pared its losses. herb greenberg has been all over this name and joins us with more. >> i was going to say the company should stop pandering to wall street. if you take a look at stock, down only 3%, given that huge drop in same store sales, you can see in the conference call they basically were able to ameliorate the concern. they should stop pandering to wall street. the points i
i'm told he remains fully engaged in the job until replaced. >> who gets -- steve, who gets the steve liesman endorsement? >> i know and like all these guys so it's tough for me. it would be interesting to see a woman in the job. lael brainard, she's been on the plane for a very long time. she has small kids, i don't want to be sexist, but that's a factor. geithner wants to go home to be with his family. >> exactly. i thought you were going to make news there but i'll come...
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Sep 6, 2012
09/12
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steve liesman has got the latest. steve, we'll also get your thoughts on mario draghi. >> yeah. let me just tell you we've been able to go through the disclosure of fed chairman ben bernanke. his assets remain pretty much where they were in the prior year, in a broad range that we can cull from the documents between 1.1 million and 2.3 million. his biggest assets are two retirement accounts he has listed between 500,000 and 1 million. now, the interesting thing, he refinanced his mortgage last year at 4.25%. when was that, that was sort of in the middle of the year or towards about august before mortgage rates fell below 4% after the fed announced operation twist, so the fed chairman not doing a whole lot of market timing right there but didn't get his mortgage at the very best time. two biggest assets were retirement funds. continues to reap income between 100,000 and $1 million on textbookses that he has written when he was an academic back at princeton and before that. >> steve, i'm not sure -- given that he knows that they might extend the promise on low rates to 2015, i'm n
steve liesman has got the latest. steve, we'll also get your thoughts on mario draghi. >> yeah. let me just tell you we've been able to go through the disclosure of fed chairman ben bernanke. his assets remain pretty much where they were in the prior year, in a broad range that we can cull from the documents between 1.1 million and 2.3 million. his biggest assets are two retirement accounts he has listed between 500,000 and 1 million. now, the interesting thing, he refinanced his mortgage...
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Oct 22, 2012
10/12
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let's solve this. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. that makes watching tv even better. if your tv were a hot dog zeebox would be some sort of fancy, french mustard. when they magically unite, people would think, "woah, this two dollar hot dog tastes like a fancy eight dollar hot dog." download zeebox free, and say "woah" every time you watch tv. >>> welcome back. i bertha coombs. last thursday when supervalue reported they said they were talking to potential buyers. analysts on the debt side at yp morgan say they see an lbl buy out, about a 50% chance of one now. >>> markets are trying to find traction following the drop friday. le
let's solve this. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. that makes watching...
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Oct 3, 2012
10/12
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steve jobs would fire tim cook. he would fire everyone involved in maps and he would berate them in front of everyone. he was not a nice man and yet everyone loved him anyway. >> lifelock posted a little below the range. maybe a little disappointment there. i might be able to see that. certainly one that we're going to watch, a big week for ipos, of course, one of the busiest. berry plastics tomorrow and pretty sizeable deals. >> and one of the things that we need to see is some pulse down here. there was a lot of social media, people got gaffed. any time you see new companies, you think, maybe i should stop shorting goldman sachs and maybe there is a sign of capital formation. p excellent show stopper yesterday. and mark cuban was so great and the destruction of the capital markets. cuban, cooperman, these guys are not idle thinkers. they are the best we have. and high frequency trading has destroyed a lot. >> and suggesting you tax intraday trades 50%, trades less than a minute, 100%, that would cut down on it in
steve jobs would fire tim cook. he would fire everyone involved in maps and he would berate them in front of everyone. he was not a nice man and yet everyone loved him anyway. >> lifelock posted a little below the range. maybe a little disappointment there. i might be able to see that. certainly one that we're going to watch, a big week for ipos, of course, one of the busiest. berry plastics tomorrow and pretty sizeable deals. >> and one of the things that we need to see is some...
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Aug 30, 2012
08/12
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steve liesman reports. steve[ male announcer ] drive a car filled with as much advanced technology as the world around it. with the available lexus enform app suite, you can use opentable to make restaurant reservations. during the golden opportunity sales event, get great values on some of our newest models. this is the pursuit of perfection. [ female announcer ] need help keeping your digestive balance? try the #1 gastroenterologist recommended probiotic. align. align naturally helps maintain digestive balance. ♪ ooh, baby, can i do for you today? ♪ try align today. take the privileged investing tools of wall street and make them simple, intuitive, and available to all. distill all that data. make information instinctual, visual. introducing trade architect, td ameritrade's empowering web-based trading platform. take control of your portfolio today. trade commission-free for 60 days, and we'll throw in up to $600 when you open an account. >>> nice cheer here at the nyse for the opening bell. take a lo
steve liesman reports. steve[ male announcer ] drive a car filled with as much advanced technology as the world around it. with the available lexus enform app suite, you can use opentable to make restaurant reservations. during the golden opportunity sales event, get great values on some of our newest models. this is the pursuit of perfection. [ female announcer ] need help keeping your digestive balance? try the #1 gastroenterologist recommended probiotic. align. align naturally helps maintain...
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Dec 11, 2012
12/12
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steve balmer? you don't think steve gates will fire him, do you? >> i'm not sure what he's thinking. bill gates and balmer are friends, there's loyalty there. but balmer is running a circus at microsoft right now. windows 8 is not anything that he thought it would be. the surface tablet the same thing. i think they have an opportunity at xbox, that they're not taking advantage of. it's a matter of not being aggressive and going with the same old tools and working out of the same old toolbox. i know david is there. the interviews he's done with meg whitman is unbelievable. he asked her how many different ways why are you still in the printing business, meg? she gives the same answer over and over again. we need transformational ceos in the tech companies or they'll go by the wayside. >> you cite actually marisa meyer, and the yahoo effect she has by moving over. to that end, talk me through where you are on other companies that might be drawn into that. >> well, i think best buy was the best example. they had the same search firm that was -- you kno
steve balmer? you don't think steve gates will fire him, do you? >> i'm not sure what he's thinking. bill gates and balmer are friends, there's loyalty there. but balmer is running a circus at microsoft right now. windows 8 is not anything that he thought it would be. the surface tablet the same thing. i think they have an opportunity at xbox, that they're not taking advantage of. it's a matter of not being aggressive and going with the same old tools and working out of the same old...
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Feb 28, 2012
02/12
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they haven't unleashed a and-new product since steve jobs died. this is a critical time for the company because other companies aren't catching up. iphone sets the stage and now android is the number one in the world. the tablet space is exploding. so if apple sits still, it's in trouble. but apple has made in the last decade. unless the iphone 5, ipad 3 is flops, i still think the trajectory for apple is are yo upon the 4g lte is that the deal you were expecting? >> just basically a larger screen and faster processor and a better camera and the new interface. just for perspective, if you look at the ipod, revenues peaked in '08 at about 9 billion. now down to about 6 billion over the same time span. the ipad revenue has increased from nothing to almost 30 billion. and so i think the product innovation continues to dominate that segment. again a different perspective. about 15 million ipads in the march quarter. together worth 5 million max can represent almost one in five computer units sold in a worldwide larger share than hp and dell. >> you kn
they haven't unleashed a and-new product since steve jobs died. this is a critical time for the company because other companies aren't catching up. iphone sets the stage and now android is the number one in the world. the tablet space is exploding. so if apple sits still, it's in trouble. but apple has made in the last decade. unless the iphone 5, ipad 3 is flops, i still think the trajectory for apple is are yo upon the 4g lte is that the deal you were expecting? >> just basically a...
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Feb 22, 2012
02/12
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yes, steve wynn and he used to be equal weight, but after steve's divorce from his wife -- this really goes back, most people believe, to the philippines deal. okada wanted to do a deal in the philippines, wynn said know, they claim he was throwing wynn's name around, pwent ahead on his own, and that puts them at odds. >> jane wells, thank you very much. >>> 132.30 is where we're trading at the moment. it's been a good week. let's bring in andy bush. this was not the way you thought it would work, i believe? >> no. i think there's a few other people that are thinking the same way. the amount of euro shorts shows that the euro's kind of contained here. it looks like we're trading in a any range there's just so many out there, it's tough for the euro to go down even on bad news. we've had a big rally that generates more euro buys. >> so what's your trade here? >> this is a trade i create d now, it's broken out of its range that it had been in for a number of months, but i'm looking to sell what i think will be a new range. it will take profit at 8410. this is based on a better than expec
yes, steve wynn and he used to be equal weight, but after steve's divorce from his wife -- this really goes back, most people believe, to the philippines deal. okada wanted to do a deal in the philippines, wynn said know, they claim he was throwing wynn's name around, pwent ahead on his own, and that puts them at odds. >> jane wells, thank you very much. >>> 132.30 is where we're trading at the moment. it's been a good week. let's bring in andy bush. this was not the way you...
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Nov 27, 2012
11/12
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steve madden is a sell. i think foot locker as nike. those who want to play nike, substantial chinese business and over inventory. you want to say the best way to think about nike going over par, genuine "wall street journal" for 100 is look at foot locker and say they sell a lot of nike. >> they say we favor athletic for the stickier male customer base which sounds disgusting. >> yeah. >> the countdown to christmas marches on. did cyber-monday kill black friday this year? we'll explore that question. santelli talks to sheila bair. here what she has to say about banks, fiscal cliff and bailouts. first, the opening bell. tuesday trading action when "squawk on the street" comes back. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being read
steve madden is a sell. i think foot locker as nike. those who want to play nike, substantial chinese business and over inventory. you want to say the best way to think about nike going over par, genuine "wall street journal" for 100 is look at foot locker and say they sell a lot of nike. >> they say we favor athletic for the stickier male customer base which sounds disgusting. >> yeah. >> the countdown to christmas marches on. did cyber-monday kill black friday this...
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Dec 27, 2012
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. >> let's get more insight from steve from web bush securities. how much of a nail biter is this for you in terms of fiscal cliff and the markets? >> i think pretty clear at this point that if there's a deal coming, it's gonna be coming very, very soon. i think the markets discounted the fact we are going to get some sort of deal t has held up fairly well here and i think if we don't get a deal, we will see a selloff. i don't know how considerable, but certainly see the 2, 3% decline in the market. >> does it amaze you, steve, that the markets, in your view, still consider a given that we are going to reach a deal? here we are thursday, december 27th. they still haven't issued a 48-hur notice for congress to return to capitol hill and yet you're saying the markets have baked in some sort of deal? >> yeah, i think so. i don't in he isly think the deal happened december 31st. if we pass waite without a deal earthquake the market will think something is going to happen in early january this is the way washington works, they walk right up to the edge
. >> let's get more insight from steve from web bush securities. how much of a nail biter is this for you in terms of fiscal cliff and the markets? >> i think pretty clear at this point that if there's a deal coming, it's gonna be coming very, very soon. i think the markets discounted the fact we are going to get some sort of deal t has held up fairly well here and i think if we don't get a deal, we will see a selloff. i don't know how considerable, but certainly see the 2, 3%...
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Oct 16, 2012
10/12
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we'll hear what he had to say about pandit in just a moment. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. >>> >>> not too often you get days like this. huge stunning news over at citi and then benmosche on the balcony here at the big board today. insurance company aig celebrating its new logo. they got rid of the red, going with this tiffany blue. you can see the logos all over the floor. we got some hats here at the desk. nasdaq, maxwell technology, manufacturer of energy storage products. we're going start this day obviously by zeroing in on the letter c, jim, which you think will hold up given the magnitude of the surprise. >> remarkable turn in the stock. pre-market
we'll hear what he had to say about pandit in just a moment. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common...
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Feb 13, 2012
02/12
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. >> speaking of facebook, since steve jobs' death in the fall, apple's added more than $100 billion in market cap, which would be the equivalent of a facebook. it added a facebook since steve jobs died -- >> i think the apple iphone is the answer to why that has happened and the battle of competitors with the ipad. they went game, set, match in two of the largest categories out there. people don't realize it right now, but the iphone has become the standard. >> even as we're weeks away, we think, from an ipad 3, which reports -- >> i can't wait. >> suggest will be in early march. david, it's an amazing thing to watch, even in realtime today. >> it is fascinating. $100 billion in market cap, as melissa said, since steve jobs passed away. you really have to give credit to him, not just because of the products we talk about so often, but because succession was handled extraordinarily well there, it would seem. obviously mr. cook had been running things for some time. but nonetheless, how many of us would thought that would be the case a few months after his death, that there would be t
. >> speaking of facebook, since steve jobs' death in the fall, apple's added more than $100 billion in market cap, which would be the equivalent of a facebook. it added a facebook since steve jobs died -- >> i think the apple iphone is the answer to why that has happened and the battle of competitors with the ipad. they went game, set, match in two of the largest categories out there. people don't realize it right now, but the iphone has become the standard. >> even as we're...
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Oct 4, 2012
10/12
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steve jobs, he's gone, it doesn't matter, stick with hewlett! >> listen, we ship two pcs every second. this is an enormous business. we're seeing growth in a lot of areas. we have an entirely new design lineup. we have put real emphasis on design. and this is something hp does quite well. we have terrific product engineering. now married with a design organization. i think we've got a really good shot here, and we've gotten great response to these devices. you know, listen. we are one competitive company. we now have a sharp competitive focus. we know what we have to do to compete. and we're going to do it. i wouldn't bet against us. i wouldn't bet against the technology that this company has in the pipeline and our commitment to delivering great products and to meeting customer needs. one thing i'll tell you about hp. through all the change at the top, through all the craziness, our people have delivered for customers. we will do anything for customers. and i think that's a great strength of the company that we're going to build on. >> meg, you
steve jobs, he's gone, it doesn't matter, stick with hewlett! >> listen, we ship two pcs every second. this is an enormous business. we're seeing growth in a lot of areas. we have an entirely new design lineup. we have put real emphasis on design. and this is something hp does quite well. we have terrific product engineering. now married with a design organization. i think we've got a really good shot here, and we've gotten great response to these devices. you know, listen. we are one...
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Nov 20, 2012
11/12
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one a day men's 50+. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. >>> we've got what could be a very big day here on the markets. will we or will we not confirm this big move that we've seen over the past two days? we did have housing starts four-year highs for the month of october. ben bernanke speaking to the economic club of new york at 12:00 noon today. that's something to watch on the markets. we mentioned this 200-day moving average in the s&p 500 and the huge move we saw in apple which helped the nasdaq as well. >> i see a lot of housing stocks inching up. that theme continues. apple, one of the things i liked about apple is that was a cla
one a day men's 50+. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. >>> we've...
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May 3, 2012
05/12
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get some reaction to the ism data from steve liesman back at h.q. what do you see inside the number? >> an interesting number. the top line, a definite disappointment especially because the factory number held up pretty nicely. new orders were down. that's an important number right there to be down. employment also down. interesting things in here. inventory's unchanged, prices were down. the backlog was higher, exports higher. a mixed picture. no doubt that the top line's a disappointment. i think this would have been sort of a green light for the bulls on tomorrow's number. but i think now it's flashing a little more yellow as a result of this. let's take a look at the jobless claims number this morning that rick mentioned. they were higher than -- they dropped more than expected. and you can see here the important thing is it did sort of undo the spike we had that some people attributed to that earlier easter and some people say it was a roll-off of the warmer weather. i want to show you the commentary out there. steven stanley saying, quote, thi
get some reaction to the ism data from steve liesman back at h.q. what do you see inside the number? >> an interesting number. the top line, a definite disappointment especially because the factory number held up pretty nicely. new orders were down. that's an important number right there to be down. employment also down. interesting things in here. inventory's unchanged, prices were down. the backlog was higher, exports higher. a mixed picture. no doubt that the top line's a...
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Jan 31, 2012
01/12
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go see what occidental said about buybacks and i want to use the word fraud almost, but steve chase of occidental said that the buybacks help the hedge funds get out and not the regular shareholders and i agree, and the executives to get the options to meet the compensation numbers. buy bok backs are the defrocked he heldp the shareholders. >> you believe that? >> well, a couple have worked. >> well, novello, and auto zone, and sears on the one side. where are my hands. tlt we go. and we are talking about eddie lampert and the portfolio, right? >> well, how many buybacks where they bought the stocks incredibly high like the ceos know anything about stocks. >> true, true. checkered history -- >> checked. you are a diplomat, and you have always been a diplomat. >> i try to temper you, because i love you, babe, and you are out there. >> i have to be out there. >> and you are way out there. >> and i have to be on the moon in the 51st state. >> you are going the open up the bureau. >> and isn't that gingrich and what romney is saying that gingrich is say dshg. >> we now go to jim cramer fro
go see what occidental said about buybacks and i want to use the word fraud almost, but steve chase of occidental said that the buybacks help the hedge funds get out and not the regular shareholders and i agree, and the executives to get the options to meet the compensation numbers. buy bok backs are the defrocked he heldp the shareholders. >> you believe that? >> well, a couple have worked. >> well, novello, and auto zone, and sears on the one side. where are my hands. tlt we...
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Aug 2, 2012
08/12
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steve liesman has the latest on the news conference. steve. >> melissa, thanks very much. there's some interesting contradiction in what i'm hearing draghi say. on the one hand he began strongly saying they'll do whatever it takes, the euro is irreversible, and then he starts to lay out a essentially a plan that says in the next few weeks we'll announce a plan effectively to buy bonds. he later says it will be a plan to buy bonds on the shorter end, different from the sfp. a couple questions that are unclear to me right now. one, does a country first have to ask for assistance from the european rescue fund before the ecb will act? that's a little unclear. on the one hand it seemed like they had to, on the other handle they said no, the ecb can act anyway. the other thing that's curious is he said this is strong guidance and now we have to decide which nonstandard measures we'll take. a little unclear at this moment how far advanced the planning is. one hand he's talking about being very advanced. on the other hand he's saying this is strong guidance. that needs to be resol
steve liesman has the latest on the news conference. steve. >> melissa, thanks very much. there's some interesting contradiction in what i'm hearing draghi say. on the one hand he began strongly saying they'll do whatever it takes, the euro is irreversible, and then he starts to lay out a essentially a plan that says in the next few weeks we'll announce a plan effectively to buy bonds. he later says it will be a plan to buy bonds on the shorter end, different from the sfp. a couple...
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Aug 16, 2012
08/12
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there's phone companies coming out of the wood work. >> steve, we'll leave it there. we appreciate it. >> keep those tweets coming. the "new york times" reporting no criminal charges are expected against any top executives at m.f global. investigators said it was risk control but allowed $1 billion to disappear. it wasn't fraud. we're asking mf global execs not face criminal charges on account of weak controls and chaos is like blank being excused for blank. your answer after this. wait! [ garth ] great businesses deserve the most rewards! [ male announcer ] the spark business card from capital one. choose unlimited rewards with double miles or 2% cash back on every purchase, every day! what's in your wallet? [ cheers and applause ] ♪ [ male announcer ] to hold a patent that has changed the modern world... would define you as an innovator. to hold more than one patent of this caliber... would define you as a true leader. to hold over 80,000... well, that would make you... the creators of the 2012 mercedes-benz e-class... quite possibly the most advanced luxury sedan
there's phone companies coming out of the wood work. >> steve, we'll leave it there. we appreciate it. >> keep those tweets coming. the "new york times" reporting no criminal charges are expected against any top executives at m.f global. investigators said it was risk control but allowed $1 billion to disappear. it wasn't fraud. we're asking mf global execs not face criminal charges on account of weak controls and chaos is like blank being excused for blank. your answer...
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Mar 30, 2012
03/12
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steve jobs. he's not howard stringer in terms of personality. but let's destroy sony. larry ellison feels that way, oracle. it's not enough for will him to win, it's more important for you to lose. and think sony was in the cross hairs of the greatest manufacturing and thought pl gene just of our time. he could have destroyed ford. >> a friend of mine this morning asked me what sony product i had in my house and i had a hard time thinking. >> a walk man if not a number of them. beta max was one of the early losses there. >> what do i have of sony? i had their game player are for a while and then i got xbox. >> anyway, fascinating. >> making them sad over there. >> the seasony tooth brush? >> how about a sony movie. right? >> finally, before we take a break, last day of the quarter. bulls obviously snorting with delight. dow having its best start to the year since 1998, up almost 7.5%. s&p up almost 12. broader index has only seen double digit gains in this quarter 11 times and of those times, the s&p delivers an average digit full year return of 16%. nasdaq, 19% quarte
steve jobs. he's not howard stringer in terms of personality. but let's destroy sony. larry ellison feels that way, oracle. it's not enough for will him to win, it's more important for you to lose. and think sony was in the cross hairs of the greatest manufacturing and thought pl gene just of our time. he could have destroyed ford. >> a friend of mine this morning asked me what sony product i had in my house and i had a hard time thinking. >> a walk man if not a number of them. beta...
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Oct 24, 2012
10/12
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steve, we'll leave it there for the moment. thank you very much. still ahead in the program, live and exclusive interview with goldman sachs chairman and ceo lloyd blankfein. first, rick santelli working on the next hour of "squawk on the street." >> simon, i tell you what. good morning, big guy. we saw some better than expected new home sales. now granted, they're not a million annualized units but they are better than expected. so we're going to talk about some of the positives of housing. of course, the more positive thoughts i think about housing the more i think about things like fannie and freddie. we're going to talk about the whole picture top of the hour. >>> apple's launching its latest versions of the ipad and imac yesterday. consumers are looking to trade up. gazelle experienced a 700% jump in trade-ins. israel joins us here at post nine. israel, hi. >> how are you? thanks for having me on the show. >> thanks for stopping by. what was the reaction like and when did you start to see the impact on your website? >> we've seen with the rumo
steve, we'll leave it there for the moment. thank you very much. still ahead in the program, live and exclusive interview with goldman sachs chairman and ceo lloyd blankfein. first, rick santelli working on the next hour of "squawk on the street." >> simon, i tell you what. good morning, big guy. we saw some better than expected new home sales. now granted, they're not a million annualized units but they are better than expected. so we're going to talk about some of the...
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Mar 29, 2012
03/12
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. >> steve says las vegas sands. interested in macau market. >> there were only six in macau and only two in singapore and las vegas sands has exposure to both. so really little competition, good demand. and i think at 18 times earnings it's trading at well below it's earnings growth rate. >> is there any worries about how the market works overall? >> absolutely, but i think that's your opportunity, right? las vegas sands is a bit cleaner of a story and 85% of their revenue is tied to the growth story. >> michael tweets, i think adp might be a good play on improving u.s. employment and a decent dividend. what do you think about that? >> i like adp. this company is the largest payment processor and hr outsourcer. the company is a pricing power. pricing power to me is very important. i like this one a lot, and again, it's trading in line with its average, so pretty attractive. >> and a great credit rating, as we all know, as well. jan asks, general interest in home renovation-related stocks, especially home improvement
. >> steve says las vegas sands. interested in macau market. >> there were only six in macau and only two in singapore and las vegas sands has exposure to both. so really little competition, good demand. and i think at 18 times earnings it's trading at well below it's earnings growth rate. >> is there any worries about how the market works overall? >> absolutely, but i think that's your opportunity, right? las vegas sands is a bit cleaner of a story and 85% of their...
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200
May 2, 2012
05/12
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. >> steve? >> this strongly disappointing jobs from add prompted a mixed reaction from economists. it ranged from those who slashed their estimate from the friday pay report by as much as $75,000 down to 125 to those who remain confident in the number for a number as high as 175. here's the data that we're talking about. they were looking for 170,000 plugs. still remaining strong above 200,000. and the estimate, 168,000. my guess is that is endangered. take a look at the comments that we've gotten. it looks like the economy hit a bit of a lull. but whether that is weather related, not yet clear. goldman saying as with the official bls, we believe that a pay back from warm weather earlier in the year could explain some of the slowing in the adp measure. remember, down to 125, 000. hfb reducing its number from 125 to 200. it could swing the other way in april. but we can't ignore the number. we think it's still much less than march of spring, 2011. john is over there saying we do not use it in our forecast. basically, they're sticking with their 175,000 forecast in april. take a look
. >> steve? >> this strongly disappointing jobs from add prompted a mixed reaction from economists. it ranged from those who slashed their estimate from the friday pay report by as much as $75,000 down to 125 to those who remain confident in the number for a number as high as 175. here's the data that we're talking about. they were looking for 170,000 plugs. still remaining strong above 200,000. and the estimate, 168,000. my guess is that is endangered. take a look at the comments...
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Feb 23, 2012
02/12
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casino hancho steve wynn calling for an emergency meeting. district judge saying anadarko and bp are liable for civil damages. >>> today's meeting taking place just days after apple shares soared to new all-time highs. what should we expect? will the company finally do something with that big pile of cash it's got. joining us on the phone, mark mckeckny. nice to speak with you. in terms of a dividend, certainly they have telegraphed the notion that the board is actively discussing what to do with their cash pile. do you think now is the time to do something? do you think they are going to do something? >> i think it's likely. they actually on their website, they've got a schedule of past dividends they put up probably a few months ago. last dividend was paid in october of 1995. 12 cents. but, you know, we welcome a dividend. they could buy back shares. hard to guess what they're going to do. i think it makes sense. >> do you think the dividend -- there's a lot of -- i don't want to say conspiracy theories. with apple there's so many people de
casino hancho steve wynn calling for an emergency meeting. district judge saying anadarko and bp are liable for civil damages. >>> today's meeting taking place just days after apple shares soared to new all-time highs. what should we expect? will the company finally do something with that big pile of cash it's got. joining us on the phone, mark mckeckny. nice to speak with you. in terms of a dividend, certainly they have telegraphed the notion that the board is actively discussing what...
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Dec 20, 2012
12/12
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. >> this is the steve jobs/walter isaacson book. unless they have an omg product, won't like them. accenture last night, disappointing. i expected more frock accenture. accenture, ibm, oracle, and sap. accenture losing share of these companies? everyone feasting off of hewlett-packard's consulting business. >> a busy night for earnings, r.i.m., nike, "journal" this morning talking about nike -- easy to forget wasn't that long ago, nike seemed immortal, seem they had could do no long. that changed in a hurry. worries about r.i.m., consensus is a loss of 35 cents. everything pipped, jim to this blackberry ten. >> one product, i think they have done a lot of rationalizing on the cost side. nike went from being this terrific chime story with north america not doing that well to suddenly, an inventory glut of shoes with china, maybe north america can make up with it. nike remains a great growth company, a lot of cash, good dividend. i think if it gets hit, unless they can -- remember, china is coming back. so, theoretically, that's what the stock market upped the most since august 2010,
. >> this is the steve jobs/walter isaacson book. unless they have an omg product, won't like them. accenture last night, disappointing. i expected more frock accenture. accenture, ibm, oracle, and sap. accenture losing share of these companies? everyone feasting off of hewlett-packard's consulting business. >> a busy night for earnings, r.i.m., nike, "journal" this morning talking about nike -- easy to forget wasn't that long ago, nike seemed immortal, seem they had could...
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Apr 3, 2012
04/12
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. >> steve liesman, thanks so much. >>> one hour into trading. here are the stories we're squawking about. apple, ibm and starbucks among the stocks hitting new all-time highs this morning. qualcomm boosting its dividend to 25 cents a share. and chrysler reporting a 34.2% jump in sales from march. >>> consumer discretionaries doing well as are telecom stocks. let's look at the bredadth of what's happening down here at the nyse. over at the nasdaq, let's check on what's happening there and at the nasdaq we'll have a look at the breadth of the rally -- maybe not. there you go. again, buyers to the downside. let's check in with chicago and see what people are talking about there. notable that we've had a move down on the price of oil. founder and president of yourtradingroom.com joins us live from the cme. is oil the focus or the fomc this afternoon? where next is the market trade? >> i don't think the market's that concerned about the fomc for the very short term. i think bernanke in his speech cleared that up. crude has been the focus. i'm a littl
. >> steve liesman, thanks so much. >>> one hour into trading. here are the stories we're squawking about. apple, ibm and starbucks among the stocks hitting new all-time highs this morning. qualcomm boosting its dividend to 25 cents a share. and chrysler reporting a 34.2% jump in sales from march. >>> consumer discretionaries doing well as are telecom stocks. let's look at the bredadth of what's happening down here at the nyse. over at the nasdaq, let's check on what's...